Extension of Data Envelopment Analysis with Preference Information (Value Efficiency)
To improve performance is one of the key issues for managers in organizations. Demands to make operations more profitable and compatible as well as to cut public expenditure have been repeatedly present in headlines. The “goodness” of operations or performance is often simply measured in money; t...
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2015
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oai:scholar.dlu.edu.vn:DLU123456789-572052023-11-11T05:42:49Z Extension of Data Envelopment Analysis with Preference Information (Value Efficiency) Joro, Tarja Korhonen, Pekka J Envelopment Information To improve performance is one of the key issues for managers in organizations. Demands to make operations more profitable and compatible as well as to cut public expenditure have been repeatedly present in headlines. The “goodness” of operations or performance is often simply measured in money; the firm making most money or the public sector unit having the least expenditure is considered to be the best one. However, the monetary measures do not always capture all aspects of the performance. Especially in the public sector it may be practically—or politically—impossible to attach prices to some goods or services produced: what is the price of a university degree, or of a medical operation saving a human life? We may be able to figure out the short-term costs of some operations, but what is— for instance—the price of the lost opportunity? How expensive it is not to educate, or to lose a life? Thus performance is clearly multidimensional in its nature, and several indicators (outputs) are required to characterize all essential aspects of performance. The factors (inputs) affecting performance are multidimensional as well. In practice, the relationships between outputs and inputs are often complex or unknown making direct performance evaluation a complicated task.... 2015-08-06T01:22:58Z 2015-08-06T01:22:58Z 2015 Book 978-1-4899-7528-7 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/57205 en application/pdf Springer |
| institution |
Thư viện Trường Đại học Đà Lạt |
| collection |
Thư viện số |
| language |
English |
| topic |
Envelopment Information |
| spellingShingle |
Envelopment Information Joro, Tarja Korhonen, Pekka J Extension of Data Envelopment Analysis with Preference Information (Value Efficiency) |
| description |
To improve performance is one of the key issues for managers in organizations.
Demands to make operations more profitable and compatible as well as to cut
public expenditure have been repeatedly present in headlines. The “goodness” of
operations or performance is often simply measured in money; the firm making
most money or the public sector unit having the least expenditure is considered to
be the best one. However, the monetary measures do not always capture all aspects
of the performance. Especially in the public sector it may be practically—or
politically—impossible to attach prices to some goods or services produced: what
is the price of a university degree, or of a medical operation saving a human life?
We may be able to figure out the short-term costs of some operations, but what is—
for instance—the price of the lost opportunity? How expensive it is not to educate,
or to lose a life? Thus performance is clearly multidimensional in its nature, and
several indicators (outputs) are required to characterize all essential aspects of
performance. The factors (inputs) affecting performance are multidimensional as
well. In practice, the relationships between outputs and inputs are often complex or
unknown making direct performance evaluation a complicated task.... |
| format |
Book |
| author |
Joro, Tarja Korhonen, Pekka J |
| author_facet |
Joro, Tarja Korhonen, Pekka J |
| author_sort |
Joro, Tarja |
| title |
Extension of Data
Envelopment Analysis with
Preference Information
(Value Efficiency) |
| title_short |
Extension of Data
Envelopment Analysis with
Preference Information
(Value Efficiency) |
| title_full |
Extension of Data
Envelopment Analysis with
Preference Information
(Value Efficiency) |
| title_fullStr |
Extension of Data
Envelopment Analysis with
Preference Information
(Value Efficiency) |
| title_full_unstemmed |
Extension of Data
Envelopment Analysis with
Preference Information
(Value Efficiency) |
| title_sort |
extension of data
envelopment analysis with
preference information
(value efficiency) |
| publisher |
Springer |
| publishDate |
2015 |
| url |
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/57205 |
| _version_ |
1819847654428901376 |